XML 60 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
6 Months Ended
Jun. 30, 2012
Earnings per Share [Abstract]  
Earnings per Share

Note 4 Earnings per Share

The following table summarizes the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computations:

 

                                 
    For the Three-Months Ended
June 30,
    For the Six-Months Ended
June 30,
 
    2012     2011     2012     2011  

Weighted average common shares issued

    105,563,455       105,558,574       105,563,455       105,536,947  

Average treasury shares

    (410,247     (656,461     (476,286     (660,206

Averaged unearned ESOP shares

    (50,170     (181,835     (67,580     (198,285

Average unearned nonvested shares

    (208,777     (34,206     (167,095     (25,984
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares and common stock equivalents used to calculate basic earnings per share

    104,894,261       104,686,072       104,852,494       104,652,472  

Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share

    6,978       0       3,049       0  

Additional common stock equivalents (stock options) used to calculate diluted earnings per share

    0       0       0       1,132  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares and common stock equivalents used to calculate diluted earnings per share

    104,901,239       104,686,072       104,855,543       104,653,604  
   

 

 

   

 

 

   

 

 

   

 

 

 

The following table shows the number of shares and the price per share related to common stock equivalents that were not included in the computation of diluted earnings per share for the six-months ended June 30, because to do so would have been antidilutive.

 

                                                 
    2012     2011  
          Price Range           Price Range  
    Shares     From     To     Shares     From     To  

Stock Options

    329,866     $ 6.36     $ 14.55       546,270     $ 6.36     $ 14.55  

Restricted Stock

    96,113       5.96       6.82       20,725       5.70       6.82